Global Trade Alert
Global Trade Alert

China: New government policy targets the domestic shipbuilding industry for further specialisation

Announcement

04 Aug 2013

August 4th, 2013 - China's Central People's Government released a new plan to boost the domestic shipbuilding industry, through direct and indirect placement of funds in appropriate industrial sectors and firms, as well as favourable credit policies for eligible companies.

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Number of interventions

2

0 certainly harmful

2 likely harmful

0 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Updated: 04 Aug 2013
Trade finance

In addition to the above, as with the previous plan (see related measure), this renewed version also calls for increased credit channels for 'export buyers' of ships. This plan, however, also calls...

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Updated: 04 Aug 2013
Financial investment support

On the 4th of Augsust 2013, the Central People's Government of the PRC released a plan, building on a previous policy from 2009 (see related measure). The new plan promises government support for f...

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